IPOs & Markets
The IPO is one of the 10 largest in the U.S. this year among a surge of listings.
Including a private placement for about $50 million with Louis Dreyfus, Luckin would have a value of as much as $4 billion based on the shares to be o
The initial filing came almost a year after its biggest competitor, Huya Inc., listed in the U.S. last May.
Last week, the unicorn raised $150 million from BlackRock and others at a valuation of $2.9 billion.
Alibaba is providing a $171 million loan that is convertible into Qutoutiao Class A shares at a rate equivalent to $15 per ADS.
The retailer provides an Amazon-like service in 14 African countries with customer numbers growing to 4 million at the end of 2018 from 2.7 million th
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